If property is mislaid by its owner, _____.
A) the finder of the property has the right to hold the property for the rightful owner
B) the finder can be held guilty of conversion and must pay the owner the fair value of the property
C) the finder acquires no rights to the property
D) the first person who thereafter takes possession of it with the intent of claiming ownership becomes its owner

Question

Quizplus · Accepted Answer

The consequences of a property being classified as mislaid are that the finder acquires no rights to the property. Rather, the person in possession of the real property on which the personal property was mislaid has the right to hold the property for the true owner.

If Property Is Mislaid by Its Owner, _____